RBC Capital Reiterates Its ‘Outperform’ Rating on Chord Energy Corporation (CHRD) with a Price Target of $130.00

Chord Energy Corporation (NASDAQ:CHRD) is one of the 11 Best Retirement Stocks to Buy According to Analysts.

RBC Capital Reiterates Its ‘Outperform’ Rating on Chord Energy Corporation (CHRD) with a Price Target of $130.00

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On September 17, 2025, RBC Capital reiterated its ‘Outperform’ rating on Chord Energy Corporation (NASDAQ:CHRD) with a price target of $130.00.

This bullish stance stems from Chord Energy Corporation (NASDAQ:CHRD)’s latest bolt-on acquisition. The investment firm sees the acquisition as reasonably valued, expecting share price appreciation by high-grading and extending the company’s drilling inventory.

New development opportunities are unlocked for Chord Energy Corporation (NASDAQ:CHRD), as the acquired acreage sits in a core area that had limited recent drilling activity by the previous operator. The investment firm expects CHRD to leverage its longer lateral drilling techniques on the new acreage to boost economic returns. RBC Capital also noted that the company plans to allocate over 50% of free cash flow to shareholder returns until leverage falls below 0.5x.

Chord Energy Corporation (NASDAQ:CHRD), an independent exploration and production company, focuses on acquiring, developing, and producing crude oil, natural gas, and natural gas liquids in the Williston Basin. It secures a place in the Best Retirement Portfolio.

While we acknowledge the potential of CHRD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CHRD and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.